Welcome to Reliable Realty SLR; a legal, incorporated, and registered agency offering one-stop-services in Real Estate, Consulting, Project Management, Project Development, Property Managment, Vacation Rentals & Booking Services, VIP Owner and Guest Services. Our primary clients are North American, however, our office collectively speak Spanish, English, French, Russian, and Dutch
FULL SERVICES SINCE 2008!
Its important to compare Real Estate Agencies here. Especially now, with several new emerging agencies taking a stabs at our vibrant real estate market. Some agencies do not have offices here on the East Coast of the DR. Many have little or no real knowledge or history about this rapidly changing market and its constantly changing trends. Many agencies secured young agents who sold timeshare (vacation club) properties previously. Many have no " REAL ", real estate experience, nor do they understand, nor care, to understand real estate law here. Some agencies attempt to capture primary attention with large billboards that, unfortunately block our beautiful palm trees. Many have "fancy looking" websites, however, these sites have no substance. Many of these "fly-by-night" agencies primarily represent New Construction, which all agencies do, often borrowing listings from other agencies, with very few secured listings of their own. Many are independent Freelance "Agents" who sell real estate as a hobby while employed elsewhereaking; making it difficult to fully represent, support, or find time for proper Real Estate and Market training.
KNOW YOUR AGENCY FIRST!
BE SURE THE AGENCY YOU SELECT...
- Speaks your language
- Understands your culture
- Hires Professionals and trains them well
- Understands Real Estate Law and real estate taxes here in the DR,
- Understands how legalities and Real Estate Sales processes work here, compared to the sales process in U.S. or Canada, as a good comparison
- Stay with their clients throughout the entire sales process and well beyond
- Offers all the services related to Real Estate.
- i.e. Exceptional legal services, Full Property Management, Project Management and Project Development Services, with life-time consulting to their loyal clients
- Has proven longitivty here - know the areas that best meet their clients goals, while constantly tracking the REAL market conditions and trends
- For SELLERS, can provide the best and most showing /selling opportunities, with a high volume of secured sales, and thousands of website inquiries annually
- Have a high percentage of their own direct listings; not borrowed. collaborated - or "hand-shake listings"
- For New Construction offerings; they personally know the Developers & Constructors (Builders) well and have verified which are legitimate with legal and approved permits and proven track records.
- Trying to buy directly through a Developer, or buying through an inexperienced Agency or Independent with no office, can actually cost new buyers MORE!
- Consistently maintain positive reviews with a continual strong reputation in the market
- " Cash is King " here. It is difficult for Foreigners who do not live or work here, to qualify for a loan. Bank mortgage interest rates can be very high (7-10% APR). Better to secure assets in your own country via a home equity loan.
- Banks in the U.S. will not finance a property here, due to Jurisdiction reasons should the buyer(s) default(s).
- DIRECT OWNER FINANCING could be another option. (Example 50% down, at 5%, for 5 years). Direct Owner Financing is typically only offered as a Seller incentive during a Flat Market.
- In todays healthy real estate market, Builders (Developers) will only finance during the term of the estimate construction completion. This term depends on the size of the community and onsite amenities. (i.e. For 40 units or less, approximately 18 months. For 150 - 250 units, up to 3 years.
- Developers will only discount the asking price with those able and willing to pay more down
- 2022 Prices: By Spring of 2022... 2 bedroom condos (apartments), located in our safe beach-towns, a short walk to the beach, shopping and dining amenities, and priced under $100,000 U.S. are non-existant. A handful of small 1 bedrooms exist around $100,000,
- If a 2BR, priced under $100,000, the property may really be located a DRIVE to the beach, shopping and dining. Some agencies hide this truth or don't actually know where the property is located
- Fixer-Upper's: Most all condos located a walk to the beach were built AFTER 2008, meaning we are now seeing a few fixer-uppers, or condos needing some remodling or renovations starting to emerge. We can assist with renovations and Repairs via our Full Service Project Management Department.
- We do not represent properties with title problems. BUYER BEWARE!
- The majority of our Listings are Exclusive (with the exception of new construction).
- Be sure your " Agency Selection" is also a top consideration ... NOT JUST THE PRICE
- Our Agency can mediate a successful purchase, while always representing YOUR BEST INTEREST
- WE TAKE PRIDE IN OUR HARD WORKING AND ETHICAL TEAM, Including the legal Attorneys we trust, who since 2008 and upon the signing of the Sales Contracts, have helped our Agency achieve; 100% closing success with title, and with no lawsuits or grievances.
FOR OUR AGENCY
- A "PENDING SALE" MEANS: Fully signed Purchase Offer, and earnest deposit has been received by our Agency. WHEREAS;
- "SOLD" MEANS All sales contracts are signed and the property is paid for (or is officially under an agreed owner or builder finance contract).
- We are always busy year round, so we must expend our energy and resources to our most serious buyers; even if you are not quite ready yet. That's OK.
AUTHENTICITY: If you see this same, or similar information on another website,
chances are they "copy-pasted" from us (again).
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The Dominican Republic ended all COVID-19 public health restrictions on February 15, 2022, including a mask mandates and vaccine checks in public spaces.
The Dominican Republic started relaxing COVID-19 containment measures July 2022, when authorities ended a nighttime curfew that had been in effect since March 2020.
Prior to this latest announcement, the government had required face coverings in public places, hand sanitizers upon entry and temperature checks. In some businesses, like pharmacies, larger grocery stores, some restaurants, etc., and public transportation, proof of vaccination was also required. This has now ended.
The Health Minister, Daniel Rivera, told reporters on February 17, 2022, that ending the containment measures was due to "constant reductions" in both COVID-19 and COVID variant infections and death rates.
(Source - Reuters, Feb. 17, 2022)
ARE YOU READY TO PURCHASE YOUR LANDING PAD YET?
Our Team has been here since 2008 and our collective Purpose is to "Prepare a Place for YOU!"
Come explore the beautiful and affordable properties for sale in Punta Cana, and our Beach-towns in Bavaro
Or break-away and rent one of our clean and well maintained condos available for short-term vacations;
MOST ALL THE CONDOS WE SELL, MANAGE, AND WE RENT TO VACATIONERS, ARE LOCATED WITHIN OUR FUN, SAFE AND FRIENDLY CARIBBEAN BEACH-TOWNS
Hurry Future Owners! Migration is crazy here in Punta Cana (Bavaro). As of May, 2022, this entire area is now VERY LOW on both resale and New Construction Inventory! Avoid a Bidding War or paying more as property values continue to soar!
Never been here before? See what TripAdvisor (Actual Travelers) think about the Dominican Republic
TRIPADVISOR TRAVELERS CHOICE AWARD 2020- DOMINICAN REPUBLIC #1 BEST CARIBBEAN DESTINATION!
TRIPADVISOR TRAVELERS CHOICE AWARD 2020 - DOMINICAN REPUBLIC #13 BEST IN THE WORLD!